Braun Intertec Corporation

Minneapolis, MN Professional servicesNAICS 541330

Self-funded health planPlan year 2025Renews January
1,066Participants+7% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#11 of 27Professional services in MNBy participants

Overview

Braun Intertec Corporation sponsors a self-funded health plan that covered 1,066 participants in plan year 2025, up 7% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,066 · prior year 998
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Braun Intertec Corporation Health and Life Insurance Plan, plan 502 (1,066 participants)
Broker compensation
$155K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability673$711K$128K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital673$91K$18K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,243$72K$7K
Metropolitan General Insurance CompanyLegal96$23K$2K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$2.5M/ year

Estimated prescription spend: 1,066 participants × $2,371 national average per member. Usually higher once dependents are counted.

$66K–$162K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$19K–$48K
Lower-cost therapeutic alternatives$28K–$59K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Braun Intertec Corporation
Sponsor EIN
41-1684205
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1684205 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Braun Intertec 401(k) Retirement Plan
Type
401(k) plan
Participants
1,453

About this data

Source: Braun Intertec Corporation's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Braun Intertec Corporation.

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